The Near Northwest housing market is somewhat competitive. The median sale price of a home in Near Northwest was $125K last month, down 21.2% since last year. The median sale price per square foot in Near Northwest is $70, down 12.5% since last year.
What is the housing market like in Near Northwest today?
In March 2024, Near Northwest home prices were down 21.2% compared to last year, selling for a median price of $125K. On average, homes in Near Northwest sell after 27 days on the market compared to 43 days last year. There were 38 homes sold in March this year, down from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$124,500
-21.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Near Northwest, IN
$124,500
-21.2%
United States
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How hot is the Near Northwest housing market?
Near Northwest is somewhat competitive. Homes sell in 23 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Near Northwest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near Northwest.
Risk Factor
Flood Factor - Major
39% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near Northwest has a major risk of flooding. 781 properties in Near Northwest are likely to be
severely affected
by flooding over the next 30 years. This represents 39% of all properties in Near Northwest. Flood risk is increasing slower than the national average.
Near Northwest has minimal risk of severe winds over the next 30 years
Wind Factor
Near Northwest has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.